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The Tropical Forests Forever Facility (TFFF) is a Brazil-led multilateral mechanism designed to reward tropical nations for keeping forests standing rather than clearing them.
Operating as a permanent endowment, it will blend sovereign and private investment to generate returns that finance annual payments to forest countries, turning conservation into an asset class rather than a charitable cause.
Chinese finance and environment officials have publicly voiced support for the Brazilian initiative, describing it as an innovative instrument for sustainable development.
Protecting tropical forests, he said at the time, was “vital for climate mitigation and adaptation, for achieving synergy between climate action, biodiversity and ecological protection”.